Revenues Revenues (Tables)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

Disaggregation of Revenues

	PSE&G		Power		Other		Eliminations			Consolidated
	Millions
Three Months Ended March 31, 2018
Revenues from Contracts with Customers
Electric Distribution	$	690	$	—	$	—	$	—		$	690
Gas Distribution	759		—		—		(3		)	756
Transmission	312		—		—		—			312
Electricity and Related Product Sales
PJM
Third Party Sales	—		498		—		—			498
Sales to Affiliates	—		176		—		(176		)	—
New York ISO	—		59		—		—			59
ISO New England	—		47		—		—			47
Gas Sales
Third Party Sales	—		64		—		—			64
Sales to Affiliates	—		397		—		(397		)	—
Other Revenues from Contracts with Customers (A)	72		10		137		(1		)	218
Total Revenues from Contracts with Customers	1,833		1,251		137		(577		)	2,644
Revenues Unrelated to Contracts with Customers (B)	12		152		10		—			174
Total Operating Revenues	$	1,845	$	1,403	$	147	$	(577	)	$	2,818

	PSE&G		Power		Other			Eliminations			Consolidated
	Millions
Three Months Ended March 31, 2017
Revenues from Contracts with Customers
Electric Distribution	$	701	$	—	$	—		$	—		$	701
Gas Distribution	755		—		—			(1		)	754
Transmission	299		—		—			—			299
Electricity and Related Product Sales
PJM
Third Party Sales	—		314		—			—			314
Sales to Affiliates	—		184		—			(184		)	—
New York ISO	—		36		—			—			36
ISO New England	—		11		—			—			11
Gas Sales
Third Party Sales	—		52		—			—			52
Sales to Affiliates	—		401		—			(401		)	—
Other Revenues from Contracts with Customers (A)	62		10		128			(1		)	199
Total Revenues from Contracts with Customers	1,817		1,008		128			(587		)	2,366
Revenues Unrelated to Contracts with Customers (B)	9		261		(45		)	—			225
Total Operating Revenues	$	1,826	$	1,269	$	83		$	(587	)	$	2,591

(A) Includes primarily revenues from appliance repair services at PSE&G, solar power projects and energy management and fuel service contracts with LIPA at Power, and PSEG LI’s OSA with LIPA in Other.

(B) Includes primarily alternative revenues at PSE&G, derivative contracts at Power, and lease contracts in Other. In 2017, Other includes a $55 million loss related to Energy Holdings’ investments in leases.

Revenue, Capacity Auction Obligations [Table Text Block]

Capacity Payments from the PJM RPM Annual Base Residual and Incremental Auctions—The Base Residual Auction is conducted annually three years in advance of the operating period. Power expects to realize the following average capacity prices for capacity obligations to be satisfied resulting from the base and incremental auctions which have been completed:

Delivery Year	$ per MW-Day	MW Cleared
June 2017 to May 2018	$171	9,700
June 2018 to May 2019	$205	9,200
June 2019 to May 2020	$116	8,900
June 2020 to May 2021	$174	7,800

Capacity Payments from the New England ISO Forward Capacity Market—The Forward Capacity Market Auction is conducted annually three years in advance of the operating period. Power expects to realize the following average capacity prices through May 2022 for capacity obligations to be satisfied resulting from the Forward Capacity Market auctions which have been completed:

Delivery Year	$ per MW-Day	MW Cleared
June 2017 to May 2018	$231	850
June 2018 to May 2019	$314	830
June 2019 to May 2020	$231	850
June 2020 to May 2021	$174	850
June 2021 to May 2022	$152	460